Looking to sell your property fast but not sure who to trust? Complete our contact form
Looking to sell your property fast but not sure who to trust? Complete our contact form
Critical Analysis:
When you’re selling your property, it’s of vital importance to know who you’re working with.
In here, you’ll find everything you need to know about SellYourProperty365 and whether you should trust them to sell your property quickly and whether they’ll give you an optimal price.
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Company
Established in
2001
Members of NAPB
Yes
Members of TPO
Yes
Registered with ICO
Yes
Approved by CTSI
Yes
Will “SellYourProperty365” pay all of your legal fees?
Yes if using their solicitors, otherwise they only pay 50%
Do they ask you to sign a contract?
No
Government verified transactions
None found
Cash offer
Average sale time
7 – 28 days
Fastest sale time
7 days
Availability
09:00-18:00 from Mon-Sat
Complaints procedure
None shown
Customer service
4.7 / 5
Google rating
N / A
Trustpilot rating
N / A
Reviews.co.uk rating
N / A
Feefo rating
N / A
4.8 / 5
We were unable to find SellYourProperty365 listed with Companies House. This may be because they are a trading name of another company. However this information was not given on their website so we were unable to verify this.
(source: Companies House)
SellYourProperty365 is a quick property buying company that claims to be a cash buyer, but who also deal with investors who will buy properties.
They have over 20 years of experience and can sell your property in the usual 7 days fast time frame, or longer depending on your individual circumstances.
They have no fees or charges, and they will pay all of your solicitor’s fees if you use their recommended solicitors. Otherwise they will contribute 50% of the fees of your own solicitor.
They offer a cash advance on exchange of contracts, and they will pay your cash into the bank on the day of completion.
SellYourProperty365 claim to buy any homes, anywhere, in any condition, right across the UK, with satellite branches offering a local service.
When working with them, they’ll buy the property from you at a price that satisfies both parties involved, and then sell it for a profit.
You’ll get a slightly below-market price but you’ll achieve a prompt and effortless sale with little bureaucracy.
SellYourProperty365 provides free cash offers, doesn’t seem to have estate agent or solicitors fees and guarantees the sale of any property in any condition.
They can give you a no-obligation quote in just 24 hours and purchase your property in as little as 7 days.
This type of sale is perfect for people in a rush, who don’t have time for unnecessary red tape.
If their claim of buying 40-50 homes per month is genuine, then this is an impressive track record. However, you should ask for evidence of this claim to be sure of its validity.
They promise to buy any home, in as little as seven days, using their own cash with no hidden fees.
They also say that they have a ‘group of keen investors’ who will buy properties through them.
They offer competitive cash prices, in the range of 80% – 90%, (although in our experience, it is unlikely that a cash buyer will be able to offer above 85%, even for the very best properties, and still make a profit on the transaction).
They appear to be an open, honest and genuine cash house buyer, however we were unable to verify this either at Companies House or on any independent review portal.
It’s important to remember:
You won’t get the full market value of your property but you’ll sell it very fast.
In fact, this is by far the fastest way to sell. A typical estate agent will take 6-9 months whereas a fast home-selling company can do it in mere days.
You’re sacrificing a negotiable percentage of cash for an exponential increase in speed-of-sale and a major reduction of headaches and legal complications.
Yes, SellYourProperty365 is a member of NAPB.
The National Association of Property Buyers (NAPB) was specifically set up to protect homeowners looking to sell their houses for cash to a property buying company.
The NAPB continuously screens its members in order to see whether they’re maintaining the necessary business integrity, legality, professionalism and customer service.
It’s mandatory for all NAPB members to also register with The Property Ombudsman (TPO) and abide by the TPO ‘Code Of Practice For Residential Buying Companies’.
However, being an NAPB member itself, is completely voluntary. Nobody forces these cash home buyers to become members, they do it of their own volition.
This membership appears to back up the customer-centric approach of their website.
Yes, SellYourProperty365 is a member of TPO, and adheres to its code of practice, including the complaints mediation service.
The Property Ombudsman (TPO) defends the interests of the public by investigating and addressing complaints of maladministration or a violation of rights.
It has been providing consumers and property agents with an alternative dispute resolution service since 1990.
TPO has a specific category for fast home sale companies, such as SellYourProperty365.
These companies have to adhere to a strict ‘Code of Practice for Residential Buying Companies’.
SellYourProperty365 is registered with the ICO which further solidifies their authenticity.
The Information Commissioner’s Office (ICO) is the UK’s independent regulatory body set up to uphold information rights.
The ICO also governs all forms of data collection and advertising intelligence.
By being registered with the ICO, SellYourProperty365 has to protect its customers’ data at all times.
The ICO also has a Free Online Checker where you can verify whether a company is registered with them or not.
They are somewhat GDPR compliant.
From our independent investigation, we discovered that SellYourProperty365 does not ‘commercially sell or disclose your data to other companies’. However, ‘your data will be provided to our partner companies’ who may contact you by post, phone, email or message.
There are no cookies used on the website.
Their data policy is outlined in their Terms & Conditions and states that SellYourProperty365 stores your data with companies in the EEA and that they will ‘try their best’ to protect it, although they cannot guarantee its complete security.
Users are urged to err on the side of caution when providing personal information, and always read any cookie agreements before clicking your consent.
It’s not certain whether SellYourProperty365 have cash on hand.
They claim to be able to buy properties with their own cash, but also mention ‘keen investors’ and the fact that they work with ‘local estate agents, online virtual sellers (such as Zoopla and RightMove), and groups of investors based in the UK and internationally’.
This suggests a mix of buying options.
Our team of investigators were unable to find their investment vehicles within Companies House, and so were unable to validate whether or not the company has government-verified transactions.
That’s why we cannot state for certain whether or not SellYourProperty365 currently have cash on hand.
This could be simply due to the fact that they are using a different company name to track and register their other Companies House transactions.
We always recommend that sellers ask for proof of funds before engaging with a cash house buyer. If they have funds available, they should have no problem proving this to you or your solicitor.
In general, we’ve discovered that very few fast home-buying companies actually have disposable cash on hand.
Most of them are unregulated small businesses or worse – individual opportunists pretending to be big organisations who deliberately mislead.
These companies don’t have their own cash but attempt to raise funds by low-balling their offer and getting finance off the back of the difference between their offer and the market value.
For this reason, it’s less risky to work with home buying companies that have government verified transactions.
Yes, SellYourProperty365 claim to have traded since 2001.
We use the ‘over/under 5 years trading time’ as a metric to gauge whether a company is an established entity with a lot of experience under their belt or just a newly founded business that may have ulterior motives.
Not all newly formed companies are scams but it’s still important to check how long they have traded.
If they’ve traded for more than 5 years, then this is a minor but still a notable vote of confidence. And it needs to be acknowledged.
SellYourProperty365 say that they offer between 80% and 90% of their assessment of your property’s market value.
This is based on the area, occupancy, and current property state.
The only way to be sure of their offer is to request a price for your home.
Fast house sales within 7days are a bigger risk for the buyer, as they do not have time to complete the full range of surveys and searches required for due diligence. To cover the increased risk, you will normally be offered less for your home if you want to sell this fast.
You may get a better offer if you are prepared to wait a few weeks until the buyer is more certain about your property value.
Below you can see some of the perceived benefits of using SellYourProperty365 instead of a generic high-street or online estate agent.
Getting 70-80%% of the market value for your property when working with a fast home selling company is fair.
We’ve discovered that with sub-par home buying companies you’ll often get between 60 – 65% and sometimes even less.
At 80% – 90% SellYourProperty365 appears to give offers at the higher range of the spectrum for fast home buying companies.
Of course this doesn’t mean that every home achieves that kind of valuation as it depends on a myriad of factors. Sometimes there are justifiable reasons why you may receive a lower offer.
SellYourProperty365 say they can buy your home in 7-28 days, however the clock only starts once you have accepted their final offer. This means that there may be a short delay while your property is assessed by their expert team.
According to the latest Statista research, the average number of days taken to sell property in UK from September 2018 to November 2020 is 65 days.
This includes selling properties via estate agents, actions, fast-sale companies and everything else under the sun.
Again, this graph represents every single method of selling a property, combined together.
And because of the vast number of fast home sale companies in the UK, this number is considerably lower than what it would’ve been if it only were estate agents and actions.
Remember when it comes to speed of sale, nothing beats a quick home buying company:
We didn’t find any charitable initiatives which SellYourProperty365 supports.
Nevertheless, some companies prefer to donate privately or anonymously rather than stating it publicly.
Supporting a charity is by no means proof that the home buying company in question is necessarily ‘good’.
In fact, dodgy home buying companies might purposefully support and/or pretend to support a charity just to win brownie points and credibility in the eyes of the customer.
All that being said, it’s still important to acknowledge when a company cash home buyer genuinely supports a charitable cause.
We didn’t find anything that raises suspicion during our thorough research of SellYourProperty365, although in our experience it is unlikely that you will receive an offer as high as 90% for a quick cash property sale.
Our investigators sifted through all of the data and legal records of SellYourProperty365 and everything was clean.
However, we’ll redact this at the first glimpse of dodgy practices.
We never stop researching and our unbending commitment to excellence doesn’t waver.
This review is only valid up until the ‘Last Updated’ date, which can be found at the top of this page.
As far as we are aware, SellYourProperty365 haven’t received any additional awards or prizes.
They haven’t won any competitions either.
There’s nothing more we could add.
To assess the overall user experience (UX) of sellyourproperty365.co.uk we first analysed their website for ease of use and intuitiveness.
They make it very easy to get a free quote/cash offer for your property within 24 hours or less.
You can call the freephone number between 9am and 6pm six days a week.
There is also a Whatsapp mobile number and an email address, as well as an online contact form.
Unlike many cash house buyers, they welcome visitors at both their head office and satellite offices.
We calculated their First Response Time (FTR) by messaging them at approximately 10 AM on a non-holiday weekday (on a Tuesday to be exact) and used a stopwatch to estimate how long it took them to respond.
SellYourProperty365 responded in 2 minutes and 11 seconds.
Which is much faster than the industry average. And a fast FTR is something we consider highly important, especially in this sector.
A faster response time suggests that the home-selling company is better equipped to deal with customer queries.
And if they’re better equipped to deal with customer queries, then it means they’re investing their resources where it matters the most.
It’s rare to see a customer-centric cash home buyer and the more we research SellYourProperty365, the more they appear to be such.
We also asked if they offer some sort of ‘Client Satisfaction Guarantee’, and if yes, what would that guarantee consist of.
They currently don’t offer a Client Satisfaction Guarantee but they’re happy to help resolve any issues and problems, within reason, as soon as possible.
Also, they did go out of their way and offered additional help and advice which warrants acknowledgement.
In this turbulent market, a fast home buying company should preferably have a formal complaints procedure on their website, where clients can express any disagreements, issues or just plain dissatisfaction with the overall service.
By having such a complaints procedure in place, the home buying company shows that they are willing to listen and if possible, rectify any problems that may arise.
SellYourProperty365 do not appear to have a published complaints procedure, however they are members of The Property Ombudsman.
Every TPO member agrees to The Property Ombudsman Code Of Practice which allows customers to file complaints against TPO members, if needed.
A legitimate quick home buying company that does what it promises shouldn’t have a problem letting you speak to their past customers.
Of course they need to have the permission of the individual involved and provide some kind of proof that it is a genuine past client of theirs.
We strongly encourage all our readers to ask to speak to a past client.
In this section, we’ll discuss what the public thinks of SellYourProperty365 and what online reviews the company has received.
Keep in mind that online reviews can be easily faked.
It works both ways.
The company in charge might hire fake review writers to write positive reviews.
Or on the other hand, their competitors might hire fake review writers to write negative reviews and tarnish the said company’s reputation.
Also, social media followers can be artificially inflated.
That’s why we deem this section as purely anecdotal.
Nonetheless, we use trained researchers with a sceptical eye to go through SellYourProperty365’ social media presence and online reviews.
We were unable to find SellYourProperty365 (or Sell Your Property 365) on any of the independent review portals, and they do not feature any customer feedback on their website.
Despite a number of social media icons on their website, we were unable to find SellYourProperty365 on social media. None of the icons lead to their social media pages.
We did not find any media mentions of SellYourHouse365 and there was nothing listed on their website.
We didn’t find anything suspicious with their domain rating and backlink profile nor their unique monthly search traffic.
SellYourProperty365 appear to be the real deal when it comes to cash house buyers, although we have not been able to verify this independently through Companies House, or through independent review portals.
Based on their website alone, they appear to offer experienced, customer-centric service and provide fast cash offers at the upper end of the scale for this type of company.
They value transparency and mutual honesty, which bodes well for your property sale.
SellYourProperty365 are members of the NAPB and TPO, and they are registered with the ICO. This does add to their credibility and offers reassuring protection for customers.
They do not have a published complaints procedure but issues can be raised with the Property Ombudsman.
We will be continuously updating this review as we do with all of our other content. If SellYourProperty365 decide to alter, amend or modify something, then we’ll make sure to adjust our critique and score accordingly.
We want to help out as many people as possible. That’s why we created this comprehensive, in-depth SellYourProperty365 review.
If you are looking to sell your property extremely fast, message us through the live chat or send us an email.
Depending on your preference and circumstances, we’ll connect you for free with one of our strictly vetted, ethical partners.
It might very well be SellYourProperty365 or another more befitting company for your needs.
They will help you sell your property as fast as possible for the best offer you can realistically achieve.
They will take care of all of the legal processes and fees and you’ll get the cash straight into your account in as little as 7 to 28 days, depending on your circumstances and preference.
SellYourProperty365 is just one of the many fast home-buying companies in the UK.
In order to make sure you choose the right one, it’s best if you compare them all.
Look at their strengths & weaknesses, their pros & cons and make an informed decision.
It’s essential to know you’re in safe hands, that’s why we’re here to help.
Use our company comparison table to find a reliable and trustworthy service, and decide whether expediting the sale of your property is the right thing for you.
This review is being constantly screened by our investigator team and will be corrected in line with the emergence of new evidence.
If a company contacts us with a genuine and verifiable piece of information which supports their cause, then we’ll immediately redact the review and point to that information.
On the other hand, if we discover that a company which we’ve previously praised for a certain industry trait, starts to dabble in dodgy practices, we’ll also redact the review immediately.
We’ll point to our new findings and will adjust the table metrics and scores accordingly.
For this reason, make sure to take notice of the ‘last updated’ date at the top of this page.
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